To build new partnerships, we will focus on the following items to promote collaboration and coexistence with our suppliers and value-creating partners.
By engaging with not only direct trading partners, but also those in the deeper layers of the supply chain, we aim to increase the overall value of the supply chain. We also aim to build a relationship of coexistence and mutual prosperity with our trading partners by fostering collaboration that transcends existing trading relationships and company size.
【Individual items】
a. Enterprise collaboration (open innovation, Support for Business Succession through Mergers and Acquisitions (M&A), Support for the Adoption of Remote Work by Business Partners, etc.)
b. It implementation support (common EDI construction, data interoperability, It talent development support, cybersecurity strategy advice and support, etc.).
c. Professional talent matching
d. Green initiatives (joint development of decarbonization technologies, energy efficiency diagnosis, Advisory and Support Services for Energy Efficiency Assessments ,decarbonization of production processes, green procurement, etc.).
e. Health management initiatives (providing health management-related know-how, jointly implementing health promotion measures, etc.).
We will comply with desirable business practices with contractors—including improvements to order placement methods, methods for determining compensation, payment methods, and transaction terms related to molds and other items, as well as the protection of intellectual property and the standardization of transactions (the “Promotion Standards” under the Act on the Promotion of Entrusted Small and Medium-sized Enterprises in Contract Work)—and actively work to correct business practices and commercial customs that hinder the development of partnerships with our business partners.
[Payment Terms] In conjunction with the discontinuation of promissory notes, we will work toward transitioning to cash payments and electronically recorded receivables, including for transactions with large corporations. In addition, all payments to small and medium-sized contractors will be made in cash (Billed at month-end; payment due at the end of the following month).
We hereby declare that we understand the contents of the “Promotion Standards” under the Act on the Promotion of Entrusted Small and Medium-Sized Enterprises in Contract Work.
Norihiro Irie
President and Representative Director
IRIE KOKEN CO.,LTD
Enacted on May 28, 2024
Updated on October 1, 2026
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